When will the rich n powerfully placed local banks step up their social national responsibility of providing cheaper loans for B40 to own their own homes... Shut these banks if they don't comply to social banking responsibility...toxic Ah Long outfit banks la
Bear in mind that the willingness of lenders to part with their money is dependent on the borrower's ability & willingness to repay the loan. It will be difficult to attract participants if their only reference point is the PPTN.
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Yoursay: Who bears the most risk in P2P housing scheme?YOURSAY | ‘Will there then be socio-political pressure not to foreclose when homeowners fail to pay?’ Don’t jump the gun, have more details about the P2P before comments. One P loses and the other P gains :)
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